IBC Advanced Alloys Joins OTCQX Market in the USA
August 26 2011 - 9:15AM
Marketwired
IBC Advanced Alloys Corp. (TSX VENTURE: IB)(PINK SHEETS:
IAALF)(OTCQX: IAALF) ("IBC" or the "Company") is pleased to
announce that common shares of the Company commenced trading on
OTCQX International, the highest tier of the OTC market in the
United States, under the symbol IAALF on August 26, 2011. The
Company's common shares will continue to trade on the TSX Venture
Exchange under the symbol IB.
"OTCQX gives excellent exposure to the US equities markets with
their efficient and transparent platform," said Anthony Dutton,
President and Chief Executive Officer of IBC Advanced Alloys.
"Investors are increasingly aware of the critical importance of
strategic and rare metals and the emergence of this sector as an
exciting investment opportunity. We are pleased," continued Dutton,
"to be able to provide our current and potential U.S. investors an
improved platform to access our Company's securities and look
forward to introducing IBC to the US investment community."
The OTCQX is a highly visible trading platform that has
attracted more than 150 companies since its inception in early 2007
and has emerged as the world's leading, premier cross-listing
venture for international issuers that wish to benefit from U.S.
trading and investor demand. In just over three years, the OTCQX
has grown to a total market capitalization of more than $800
billion.
"OTCQX companies demonstrate their commitment to providing
superior information to investors and maintaining the highest
quality standards," said R. Cromwell Coulson, President and Chief
Executive Officer of OTC Markets Group. "We are pleased to welcome
IBC Advanced Alloys to OTCQX."
Ladenburg Thalmann & Co. Inc., a subsidiary of Ladenburg
Thalmann Financial Services Inc. (NYSE Amex: LTS), will serve as
IBC Advanced Alloys' Principal American Liaison ("PAL") on OTCQX,
responsible for providing guidance on OTCQX requirements.
About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates the world's
largest electronic marketplace for broker-dealers to trade unlisted
stocks. The OTC Link(tm) platform supports an open network of
competing broker-dealers that provide investors with the best
prices in over 10,000 OTC securities. Companies trading on the top
tier QX platform have met clear quantitative standards and provide
quality disclosure to the marketplace.
To learn more about OTC Markets Group visit:
www.otcmarkets.com
About Ladenburg
Ladenburg Thalmann Financial Services Inc., through its
subsidiaries, provides a range of financial services primarily to
corporate and institutional clients, and high net-worth individuals
in the United States. The company offers investment banking, equity
research, institutional sales and trading, independent brokerage,
advisory, and asset management services. It operates as a
full-service investment bank that provides corporate finance,
strategic and financial advisory services, sales and trading, and
equity research services. The company offers a range of financing
options, including underwritten public offerings, registered direct
offerings, at-the-market offerings, private investment in public
equity, and other private placements. It also provides asset
management, investment consulting, private investment management,
retirement plan sponsor, alternative investments, and third party
advisory services. In addition, the company offers securities
brokerage and advisory services, and a range of packaged products
comprising mutual funds, variable annuities, advisor managed
accounts, and third party managed accounts. Further, it provides
wealth management services, including trust administration, estate
and financial planning, and custody and investment services.
Ladenburg Thalmann Financial Services Inc. was founded in 1876 and
is headquartered in Miami, Florida.
About IBC Advanced Alloys Corp.
IBC is an integrated manufacturer and distributor of rare metals
(beryllium) based alloys and related products serving a variety of
industries including nuclear energy, automotive, telecommunications
and a range of industrial applications. IBC has 80 employees and is
headquartered in Vancouver, Canada with production facilities in
Indiana, Massachusetts, Pennsylvania and Missouri. Additionally,
IBC owns prospective beryllium properties in the Western US
covering approximately 9,500 hectares. IBC is creating a dynamic
global beryllium and advanced alloys company. IBC's common shares
are traded on the TSX Venture Exchange under the symbol "IB".
This news release was prepared by management of IBC, which takes
full responsibility for its contents.
Legal Notice Regarding Forward-Looking Statements
This disclosure contains certain forward-looking statements that
involve known and unknown risks and uncertainties, certain of which
are beyond the Company's control including: the impact of general
economic conditions in the areas in which the Company operates,
changes in laws and regulations and changes in how they are
interpreted and enforced, and the likelihood in obtaining required
approvals of regulatory authorities. All statements included in
this press release that address activities, events or developments
that the Company expects, believes or anticipates will or may occur
in the future are forward-looking statements. These statements are
based on assumptions made by the Company based on its experience
and other factors it believes are appropriate in the
circumstances.
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy of this news release. Neither TSX
Venture Exchange nor its Regulation Services Provider (as that term
is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.
Contacts: IBC Advanced Alloys Corp. Ian Tootill Director of
Corporate Communications (604) 685-6263 ext 110 (604) 687-8678
(FAX) itootill@ibcadvancedalloys.com www.ibcadvancedalloys.com
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